Assessee is Entitled To Challenge The Correctness Of DVO’s Valuation Before CIT And Tribunal: ITAT Ahmedabad Leave a Comment / JUDGEMENT / / November 23, 2021 / INCOME TAX, ITAT
Section 54F is A Beneficial Provision And Should Be Liberally Interpreted: ITAT Delhi Leave a Comment / JUDGEMENT / / November 21, 2021 / INCOME TAX, ITAT
The Assessee Cannot Be Kept in Dark: ITAT Kolkata Leave a Comment / JUDGEMENT / / November 20, 2021 / INCOME TAX, ITAT
ITAT Mumbai’s Judgement On Royalty When Payment is Made For Bandwith Services Leave a Comment / JUDGEMENT / / November 16, 2021 / INCOME TAX, ITAT
Must Read: ITAT Mumbai’s Judgement On Disallowance of Bogus Purchases Leave a Comment / JUDGEMENT / / November 14, 2021 / INCOME TAX, ITAT
Unusual & Sudden Spurt In Client Code Modifications Undertaken By Brokers Was With An Intention To Evade Taxes: ITAT Mumbai Leave a Comment / JUDGEMENT / / November 10, 2021 / INCOME TAX, ITAT
There Is A Difference Between “Issue” Of Notice And “Service” Of Notice: ITAT Pune Leave a Comment / JUDGEMENT / / November 9, 2021 / INCOME TAX, ITAT
Damages Received For Breach Of Development Agreement Are Capital In Nature & Not Chargeable To Tax: ITAT Mumbai Leave a Comment / JUDGEMENT / / November 5, 2021 / INCOME TAX, ITAT
Bogus Share Capital Premium- The Test Of Human Probabilities Cannot Be Applied To Business Transactions: ITAT Bangalore Leave a Comment / JUDGEMENT / / November 4, 2021 / INCOME TAX, ITAT
The Fact That “Long-Term Capital Gains” On Listed Shares Are Exempt From Tax Does Not Mean That “Long-Term Capital Loss” On Such Shares Is Not Available For Set-Off Against Taxable Income: ITAT Kolkata Leave a Comment / JUDGEMENT / / November 3, 2021 / INCOME TAX, ITAT
Violations Of Tax Laws By New Assessees Occur Because Of Lack Of Proper Advice: ITAT Chandigarh Leave a Comment / JUDGEMENT / / November 2, 2021 / INCOME TAX, ITAT
If The Case Is Selected For Limited Scrutiny Of A Specific Issue, The AO Has No jurisdiction To Make Additions Or Disallowances On Other Issues: ITAT Chandigarh Leave a Comment / JUDGEMENT / / November 1, 2021 / INCOME TAX, ITAT
The Assessee Has The Option To Determine The Fair Market Value Of Shares Either Under The DCF Method Or The NAV Method: ITAT Mumbai Leave a Comment / JUDGEMENT / / October 31, 2021 / INCOME TAX, ITAT
The Valuation Of Shares Should Be Made On The Basis Of Various Factors And Not Merely On The Basis Of Financials: ITAT Delhi Leave a Comment / JUDGEMENT / / October 30, 2021 / INCOME TAX, ITAT
The Fact That A Scam Has Taken Place In Some Penny Stocks Does Not Mean That All Transactions In Penny Stocks Can Be Regarded As Bogus: ITAT Mumbai Leave a Comment / JUDGEMENT / / October 25, 2021 / INCOME TAX, ITAT
The AO Cannot, After Conclusion of Proceedings u/s 147, Take Aid of Explanation 3 to Section 147 to Make Any Addition u/s 154 Leave a Comment / JUDGEMENT / / October 21, 2021 / INCOME TAX, ITAT
Mistake of Counsel May Be Taken Into Account in Condoning Delay: ITAT Amritsar Leave a Comment / JUDGEMENT / / October 18, 2021 / INCOME TAX, ITAT
The Legislative Intent is to Apply Section 56(2)(viib) Where Unaccounted Money Received in Garb of Share Premium Leave a Comment / JUDGEMENT / / October 17, 2021 / INCOME TAX, ITAT
The Words “In India” Cannot be Read Into Section 54F When Parliament in Its Legislative Wisdom Has Deliberately Not Used the Words: ITAT Bangalore Leave a Comment / JUDGEMENT / / October 15, 2021 / INCOME TAX, ITAT
Amendment w.e.f. AY 2014-15 Will Not Apply to A Purchase Transaction of Immovable Property For Which Full Consideration is Paid Pre-Amendment: ITAT Ranchi Leave a Comment / JUDGEMENT / / October 14, 2021 / INCOME TAX, ITAT
HOW TO FILE AN APPEAL WITH INCOME TAX APPELLATE TRIBUNAL (ITAT) ?? Leave a Comment / TC / CA Heer Gajjar / October 13, 2021 / DIRECT TAXATION, ITAT
The Tendency to Perceive Delay As A Non-Serious Matter Should be Discouraged: ITAT Delhi Leave a Comment / JUDGEMENT / / October 13, 2021 / INCOME TAX, ITAT
The Loss Arising to Assessee for Cancellation of Its Shares Pursuant to Reduction of Capital Should be Allowed as Long Term Capital Loss: ITAT Mumbai Leave a Comment / JUDGEMENT / / October 12, 2021 / INCOME TAX, ITAT
The Only Requirement For Granting Registration Under Section 11/ 12AA of the Income Tax Act is That The Objects of The Society Should be Charitable in Nature and Activities are Genuine: ITAT Amritsar Leave a Comment / JUDGEMENT / / October 9, 2021 / INCOME TAX, ITAT
Payment Made by An Indian Company to A Foreign Celebrity For Appearance in A Product Launch in Foreign Which Was For the Business in India, is Taxable: ITAT Mumbai Leave a Comment / INCOME TAX / / October 8, 2021 / INCOME TAX, ITAT
Where the Deductor has Deducted Tax at Source But Has Not Deposited the Tax with the Government, the Assessee Cannot be Made to Suffer: ITAT Delhi Leave a Comment / JUDGEMENT / / October 7, 2021 / INCOME TAX, ITAT
A Representative Office of a Foreign Enterprise is Not a Taxable Unit. Foreign Enterprise is the Taxable Unit: ITAT Mumbai Leave a Comment / JUDGEMENT / / October 5, 2021 / INCOME TAX, ITAT
An Indian Taxpayer is Not Entitled to Claim Refunds From the Government of India of Taxes Paid Outside India: ITAT Mumbai Leave a Comment / JUDGEMENT / / October 4, 2021 / INCOME TAX, ITAT
Order of the AO Imposing Penalty on Assessee Under Section 271AAB of the Income Tax Act Does Not Pass the Mandate of the Provisions of Section 271AAB of the Act. So Appeal of the Assessee is Allowed: ITAT Patna Leave a Comment / JUDGEMENT / / October 3, 2021 / INCOME TAX, ITAT
There is No Employer- Employee Relationship If Doctor is Paid on the Basis of Patients Attended: ITAT Leave a Comment / JUDGEMENT / / October 1, 2021 / doctors, EMPLOYEE TAX, INCOME TAX, ITAT
